• Alstom reaffirmed FY 2026/27 targets: book-to-bill above 1, about 5% organic revenue growth, adjusted operating margin about 6.5%, positive free cash flow.
• Guidance assumes no additional geopolitical disruption, including in the Middle East, with continued ability to mitigate tariff volatility.
• Q1 revenue rose 4.9% to EUR 4.73 billion, up 4.8% organically, led by Services revenue up 10% to EUR 1.18 billion.
• Q1 orders fell 37% to EUR 2.56 billion, implying a 0.5x book-to-bill, leaving backlog at EUR 102.8 billion at June 30, 2026.
• Output outlook maintained at 4,400-4,500 railcars, following Q1 production of 940 railcars versus 961 a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alstom SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221200OMX_____CNEWS_FR_GNW1001213959_fr) on July 22, 2026, and is solely responsible for the information contained therein.